The Occupational Pension Schemes (Charges and Governance) (Amendment) Regulations (Northern Ireland) 2016

Amendment of regulation 4

This section has no associated Explanatory Memorandum

4.—(1) In regulation 4 (restrictions on charges)—

(a)in paragraph (1)(b) after “this Part” insert “ with the exception of regulation 11A”;

(b)after paragraph (1) insert—

(1A) Subject to regulation 11C, a service provider must not impose or permit to be imposed, on a member to whom regulation 11A applies charges which are of a description prohibited by that regulation.;

(c)in paragraph (2) for “regulation 11” substitute “regulations 11 and 11A”.